Fintech Finance

APRIL 13, 2025

Paysera , a financial technology company with 20 years of market experience, has announced a strategic partnership with iPiD, a global provider of payee verification solutions. The goal of this requirement is to increase payment security and reduce the risk of fraud and errors throughout the SEPA area.

Verification

The Fintech Times

APRIL 15, 2025

Ozone API , the UK-based, open API fintech platform, has launched a guide to support banks and PSPs through Verification Of Payee (VOP), ahead of the mandatory changes that need to be implemented by October 2025. The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Tuesday 15 April 2025.

FinTech

The Fintech Times

MAY 28, 2025

Regulation in payments Fennell describes regulation as both a constraint and a catalyst. Payments is probably more impacted by regulation than most other areas, he said, pointing to changes around instant payments, timestamping and verification of payee in Europe, as well as the SWIFT MT/MX transition.

Compliance

Fintech Finance

MARCH 4, 2025

For instance: UK: PSRs APP fraud reimbursement rules EU: Verification of Payee (VoP) initiative Australia: Scams Prevention Framework Regulators around the world are taking different approaches to tackling the issue, and it remains to be seen which will be most effective, explains John Gidla, Head of Payments Compliance at Vixio.

Fraud Prevention

Finextra

JUNE 19, 2025

From real-time cash visibility to forecasting and global payments, MO AI co‑pilot acts as an intelligent partner for finance professionals. Finmo releases AI co-pilot for treasury teams Finmo has launched MO AI Co‑Pilot, a conversational AI assistant designed to revolutionize how treasury teams manage financial operations.

Treasury

Finextra

APRIL 26, 2024

Moderating her last panel of the day, Finextra’s head of content Madhvi Mavadiya discussed Confirmation of Payee (COP) with Christina Fransson, senior payment product specialist of FIS in EMEA, Greg Huguet, European regional director at iPiD, Paulina Kudlacik, Confirmation of Payee scheme manager at the Nordic Payments Council, and Richard Ross, global (..)

Payee

Fintech News

JUNE 10, 2024

Regulatory requirements like the UK’s Confirmation of Payee (COP) and Single Euro Payments Area’s (SEPA) Verification of Payee (VOP) necessitate verification processes to ensure secure transactions. said Deya Innab, Eastnets’ Deputy CEO. said Alain Raes, Co-founder and CCO of iPiD.

Fraud Prevention

The Fintech Times

DECEMBER 31, 2023

.” Keeping it simple Alex Berrai, deputy CEO, emerchantpay The main payment trends in 2024 will evolve around simplification, according to Alex Berrai, deputy CEO at global payment service provider emerchantpay. Simplifying the payment process to make it more mobile-friendly is an ongoing trend that will carry into 2025.

Global Payments

Fintech News

JUNE 4, 2024

Founded in 2021 by former Swift executives, iPiD offers advanced payee verification and identification solutions aimed at enhancing global payment security. The new funds will be used to develop products that prevent payment-related fraud and to expand in strategic markets, especially in Asia.

SWIFT

The Fintech Times

AUGUST 8, 2024

Australian Payments Plus (AP+) and the Australian Banking Association (ABA) have completed the design of the new Confirmation of Payee (CoP) service which will enable people paying to an account with a name, BSB and Account number to confirm the account name of the payee before the payment is made.

Payee

The Fintech Times

OCTOBER 31, 2024

LSEG Risk Intelligence is launching Global Account Verification, which checks payee and account details match before transfers are confirmed, as well as Document and Biometric Verification, which uses AI and deep learning to accurately conduct identity checks. .

Mitigation

PYMNTS

MARCH 7, 2018

Cambridge Global Payments , a unit of FLEETCOR and a provider of international payments and foreign exchange transactions, announced news on Tuesday (March 6) that it is aligning with Qwil to provide customers with advance payment capabilities. trillion to the economy.

Global Payments

PYMNTS

OCTOBER 24, 2016

Hyperwallet, a global payouts provider to digital marketplaces, announced Friday (Oct. 21) the addition of Visa Direct , a real-time push-to-card payment solution, to Hyperwallet’s existing payout methods. payees to transfer their earnings onto an existing Visa debit card. Visa Direct will allow U.S. in Q1 2017.

Debit Card

PYMNTS

JANUARY 21, 2021

Global financial services provider iBanFirst has launched a Payment Tracker that will offer transparent, real-time tracking services, according to a press release emailed to PYMNTS. In addition, the Payment Tracker will offer insights into potential delays of the payment.

B2B

PYMNTS

DECEMBER 1, 2020

Whatever the specific use case might be and no matter where payors are in the world, North Lane wants its clients to be able to easily send funds and aims to give payees a full set of options as to where the money should flow. Brennan said that’s key because it inserts value into the relationship between the payor and the payee.

Cross-Border Payments

Fintech Finance

JUNE 5, 2024

This funding will accelerate iPiD’s efforts to enhance payment security globally, with a focus on strategic markets like Europe and Asia. Founded in 2021 by a team of former Swift executives, iPiD provides cutting-edge payee verification and identification solutions. Confirmation of Payee in the UK is a case in point.

Payee

PYMNTS

AUGUST 12, 2020

AscendantFX Capital , which works in technology-based payment innovations, has joined the SWIFT Network for the benefits it offers, including better transparency and faster payments, the company announced in a Wednesday (Aug. Using gpi means payments can go through in a matter of seconds, potentially, with better tracking potential.

Cross-Border

PYMNTS

JANUARY 28, 2021

This week's look at the convergence between accounts receivable (AR) and accounts payable (AP) finds this tactic expanding in the corporate card arena, while another FinTech aims to boost cross-border payment traceability for both payer and payee. Tat Capital Eases Card Acceptance For Vendors.

Innovation

Finextra

JUNE 28, 2024

At EBAday 2024, Akshat Saharia, Head of European Financial Institutions Product and Propositions, Global Payments Solutions, HSBC discusses the biggest changes to occur across the cross-border payments landscape in the next five years.

Real Time Payments

The Paypers

JUNE 5, 2024

International Payment Identity (iPiD) has secured USD 5.3 million in a Pre-Series A funding round to augment global payments with advances Verification of Payee solutions.

Payee

PYMNTS

SEPTEMBER 19, 2018

As members of the network, corporate customers of PNC Treasury Management will be able to receive cross-border payments, the FI said, adding that the solution can help them receive payments against their invoices more quickly for streamlined accounts receivable.

Cross-Border Payments

PYMNTS

JUNE 11, 2020

Small business accounting platform Xero is targeting cash flow management enhancements through a recently-announced partnership with global payments company Transferwise. A growing point of B2B payments friction in the cross-border transaction space lies in the management of payment instructions.

B2B

PYMNTS

JUNE 22, 2016

Hyperwallet , a global payments provider, has launched a new partnership with Choice Bank with the intention of expanding Hyperwallet’s prepaid card capabilities further into market. Choice Bank, an international bank serving the commercial banking and card service space, offers prepaid cards in upwards of 45 global currencies.

Payee

PYMNTS

JANUARY 2, 2019

Coverage includes The National Bank of Kuwait ’s rollout of SWIFT Global Payments Innovation (gpi) services with the help of ACI Worldwide. In addition, UCPB launched its InstaPay service in The Phillipines, and NoBroker has brought rent payments into its app in India.

SWIFT

PYMNTS

JANUARY 10, 2017

Global payment provider Hyperwallet has officially opened an office in London. The San Francisco–based company’s announcement marks its next step in global expansion, specifically focusing on the “gig economy,” as well as new digital marketplaces and on-demand companies.

Payee

Fintech Finance

MARCH 27, 2024

The Scorecard’s findings reveal a significant evolution of mobile payments, particularly in external, inter-bank and global payments and transactions aided by virtual assistants. Full-feature bill payment, including set-up for recurring payments, is now available from 82% of Scorecard banks’ mobile apps.

Mobile Banking

Fintech Finance

MAY 30, 2024

CBA is looking to pilot sharing of limited payee account data through CBA’s advanced NameCheck technology, on the Liink network. This Australian first is another step towards increasing security and efficiency for global banks processing payments to Australia. “We

Technology

PYMNTS

JULY 15, 2020

In a conversation with PYMNTS, Nader discussed the role payments plays in helping (or hampering) a company’s global growth ambitions, and the value of an efficient global payments strategy on giving smaller companies a competitive edge that had once been out of reach. Although the globalization of U.S.

Cross-Border

PYMNTS

DECEMBER 27, 2016

Payments 2016: The Year Of The Emergence Of The Global Citizen. The world of global payments is evolving rapidly — driven by an increasingly global economy, expanding consumer buying power in regions like Asia and South America, rising adoption of digital payment methods and increasing concerns over security and transparency.

Cross-Border Payments

PYMNTS

JANUARY 31, 2017

The company revealed it had completed phase one of its initiative last week, facilitating multiple test payments between the U.S. PayCommerce added that it plans to commercialize the real-time global payment offering by the end of the year’s second quarter. Singapore, Canada and Philippines are slated to follow in 2018.

Cross-Border

PYMNTS

DECEMBER 8, 2017

San Mateo startup Tipalti, a firm that automates accounts payable and payments cash flow, has partnered on two recent global payment method studies. They think that screening the payee once during the onboarding process is good enough, when, in fact, it should be done at every transaction. The consequences can be severe.

Cross-Border

BitPay

AUGUST 28, 2023

Faster than fiat: Send global payments quicker than legacy payment rails. Automated payments: Pay out crypto programmatically via API or push manually as needed. Secure, regulated and compliant: BitPay verifies the identity of all payees, regardless of nationality or country of residence.

Payroll

BitPay

APRIL 25, 2023

Faster than fiat: Send global payments quicker than legacy payment rails. Automated payments: Pay out crypto programmatically via API or push manually as needed. Secure, regulated and compliant: BitPay verifies the identity of all payees, regardless of nationality or country of residence.

Stablecoins

PYMNTS

DECEMBER 12, 2019

Last month, Bill.com announced a slew of updates to its corporate payments platform designed to ease friction for both payers and payees in business-to-business (B2B) transactions. New Offerings.

B2B

PYMNTS

APRIL 4, 2018

The debut of these solutions has already dramatically changed the nature of payments, making them considerably smarter than those of days gone by. Today’s smarter payments are delivered much faster – within hours or even just a few seconds – and include data to inform both payers and payees. Around the Smarter Payments World.

Tax Refunds

PYMNTS

OCTOBER 10, 2018

“Wires are still a vital piece of the global payments puzzle,” he told PYMNTS. “Not every country has an ACH-compatible option, so wires as a payment method are still necessary for cross-border payments.” ” Some of the latest data from NACHA found use of wire payments has risen in the U.S.

Wire Transfer

PYMNTS

AUGUST 12, 2016

That makes global payments to these “gig” workers costly and time consuming, and less than ideal in terms of transparency, thanks to rather archaic processes in place. In emerging markets, said the firm, payees deal primarily in cash but as options expand they will expect to be able to take advantage of those options.

Economy